Miami, FL, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Music Licensing, Inc. and its subsidiary, Pro Music Rights (PMR) today announced that they are actively exploring legal action in response to what it believes to be false and defamatory statements made by Representative Scott Fitzgerald, as well as coordinated efforts by legacy performing rights organizations (PROs) and industry lobbying groups to suppress independent competition in the U.S. music licensing marketplace. Pro Music Rights and Music Licensing, Inc. ...

Core Viewpoint - Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, is applying for qualification under the new OTCID Basic Market structure to enhance transparency and regulatory compliance while engaging with the investor community [2][4]. Group 1: Company Overview - Music Licensing, Inc. is a diversified holding company and the fifth public performance rights organization (PRO) established in the United States, recognized under the federal registry [5][11]. - The company licenses music to major platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, and Vevo [5][11]. Group 2: Market Position - Pro Music Rights holds an estimated 7.4% market share in the United States, with a catalog of over 2.5 million works by notable artists such as A$AP Rocky, Wiz Khalifa, and Pharrell [6][12]. - The company also holds royalty interests in the Listerine® "Mouthwash" Antiseptic brand and a vast portfolio of works by globally recognized artists like The Weeknd, Justin Bieber, and Rihanna [7][13]. Group 3: Regulatory Compliance and Future Plans - By pursuing OTCID Basic Market status, the company reaffirms its commitment to corporate transparency and aims to maintain eligibility under SEC Rule 15c2-11 [4][8]. - The transition to OTCID Basic Market is viewed as a proactive step to better serve shareholders and the broader market [4][8].